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Canara Bank names Sunil Kumar Chugh as executive director
Bengaluru: Canara Bank has added fresh strength to its top deck with the appointment of Sunil Kumar Chugh as its new executive director. The appointment, effective from 24 November 2025, marks a three year tenure for the seasoned banker.
Chugh steps into the role after serving as chief general manager at Punjab National Bank, where he spent more than thirty years shaping key pillars of modern banking. From digital transformation to retail momentum and corporate strategy, his fingerprints can be found across several of PNB’s major initiatives.
His earlier years included leading large corporate branches in Kolkata, Ahmedabad and Mumbai during his time with the erstwhile Oriental Bank of Commerce. He also worked across important functions at the corporate office and multiple controlling offices, gaining a wide view of the banking landscape.
Chugh’s expertise spans corporate credit, foreign exchange, recovery and resolution of stressed assets and credit monitoring. This breadth of experience has strengthened his reputation for clear headed decision making and steady leadership.
In a statement welcoming the appointment, Canara Bank noted that his strategic vision and proven track record will reinforce the bank’s leadership team and support its plans for sustained growth.
For the bank, it is a leadership move that signals confidence. For Chugh, it is the start of a new chapter at one of India’s oldest and most trusted financial institutions.
